Wednesday, April 21, 2021

Metro grocery sales still increasing

Grocery sales have continued to increase at Metro Inc. supermarkets, gaining by 5.1 per cent the same time last year and totalling $4.2 billion for the company’s second quarter.

Profits were $188.1 million compared with $176.2 million a year ago.

Metro said sales growth slowed toward the end of the quarter as comparisons began with COVID-19 pandemic lockdown measures last year.

However, the company is expecting food sales to continue to be elevated compared to before the pandemic began. Its online sales tripled.

Metro has supermarkets under its Metro banner and Food Basics and Super C.It also owns Jean Coutu and Brunet pharmacies.